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New Webinar Scheduled
Our next webinar is scheduled for
Thursday, April 2 at 9:00 AM Pacific Time and 12:00 PM
Eastern Time. We will be discussing current economic
conditions, how we got here, and the outlook going forward. You
will also have an opportunity to ask questions during the presentation.
Your invitation will arrive in your inbox at the beginning of next week.
And don't forget to invite your friends!
Media
Matters
Dave was
quoted by syndicated columnist Janet Kidd Stewart in an
article discussing the dangers
of deferred-compensation plans in this economy.
Volunteer
Work
The
Financial Planning Association (FPA) has asked Dave to chair a new Research
Center Team devoted to assessing research proposals submitted by
academics and practitioners. The Financial Planning Association is the
community that fosters the value of financial planning and advances the
financial planning profession. Building the profession's body of
knowledge through rigorous research is one of the ways in which FPA
pursues this mission.
Identity
Theft and LifeLock
Just a
reminder that we’ve posted an article on our website ("Guarding
Against Identity Theft") on how to protect yourself from
identity theft and have also negotiated a discount for you, your
family members and your friends to enroll in the LifeLock® service. We've posted a complete description of
the LifeLock system on our website (About LifeLock®).
Although the
many clients who have already taken advantage of this offer reported that
signing up was easy, you should feel free to contact Marcia by phone
(1-800-772-1887) or email (marcia@yebu.com)
if you have any problems.
Use Promotion
Code: YESKEBUIEEMP when you enroll online, to obtain your
discount.
How to Get Help
And don't forget that our updated
client page (http://www.yebu.com/portal.htm)
offers a full list of who does what and who you should contact for help
with various issues. Contact
numbers and email links are available from that page as well.
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Weekend
Reading
Here are a
few of the more interesting items that found their way into print over
the past week.
An AIG
employee who worked in the company's notorious Financial Products unit
had his resignation letter published in the New York Times this
week. Read it and see if you think those 400 people got a raw deal "Dear
A.I.G, I Quit!"
Fresh Air
host Terry Gross conducts a fascinating interview
with Frank Partnoy, author of "FIASCO: Blood in the Water on
Wall Street." Partnoy is a professor at the University of San
Diego law school who started out as a derivatives trader at Morgan
Stanley. In this 39 minute interview he explains derivatives,
credit default swaps and how they led to the current financial crisis.
Well worth a listen!
"Can
capitalism survive? No. I do not think it can." -- Joseph
Schumpeter, 1942
Robert
Samuelson discusses the status of Schumpeter's prediction in light of
massive government intervention in the economy. American
Capitalism is Besieged.
Very
cool graphic. This chart by design firm Nicolas Rapp shows
how the first $3 trillion of what will eventually amount to $12 trillion
in government spending has been allocated. A picture is worth a thousand
words!
What does it
mean to Live Big in these trying times? We've been adding your
responses to our "living list." Please share any new ones
you can think of.
Quote
of the Day
"Americans
should realize that the nation's most successful export isn't Coke or
Boeing airliners or Microsoft software or even Hollywood films. It's the
dollar, which is accepted around the world as a store of value"
Randall W. Forsyth, writing in
Barron's ("Is
the Dollar Sunk?")
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